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Dodd-Frank has been in the news since it was passed in 2010, with some arguing that it imposes too great a burden on financial institutions, and others arguing that it does not go far enough to prevent the “too big to fail” scenario that we saw in the recent financial crisis.
Research the current state of the law and answer the following:
1) What is the current state of executive orders and/or legislation regarding Dodd-Frank? What changes to the original bill have been made or are in the legislative pipeline?
2) Does Dodd-Frank currently strike the right balance? If so, explain. If not, describe the changes that should be made to the law.
The payoffs and probability associated with each of the scenario is also estimated and provided.
Post two example claims of at least two types of causality and label them appropriately.
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